Tag: Jio

Spectrum Auctions See Sale Worth Rs 11,340 Crore, Bharti Airtel Top Buyer

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Spectrum Auctions See Sale Worth Rs 11,340 Crore, Bharti Airtel Top Buyer

Telecom Department sources said the figure was in line with, or even slightly above, expectations New Delhi: Telecom czar Sunil Bharti Mittal’s Airtel on Wednesday emerged as the biggest bidder for radio waves used to transmit mobile phone voice and data signals, cornering about 60 per cent of the Rs 11,341 crore worth of spectrum…

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Nation

Jio can deploy 5G cell every 10 seconds, deployed 85% 5G network in India: Akash Ambani

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Jio can deploy 5G cell every 10 seconds, deployed 85% 5G network in India: Akash Ambani

Akash Ambani. File | Photo Credit: The Hindu “Telecom major Reliance Jio has deployed 85% 5G network in India and has the capability to deploy one 5G cell in every 10 seconds,” the company’s Chairman Akash Ambani said. According to a statement released by broadband speed and quality measurement firm Ookla, the Reliance Jio chairman…

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Business

Jio Financial Services shares decline 5% for second straight day

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Jio Financial Services shares decline 5% for second straight day

File. | Photo Credit: Reuters Life Insurance Corporation of India (LIC) has secured 6.66% holding in Jio Financial Services Ltd. consequent to the demerger of the financial services business of Reliance Industries. It was an investment function and the shares were acquired through the demerger. The cost of acquisition was 4.68% of the demerged cost…

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Business